Newgioco Group Launches NG PAY Payment Gateway Technology

NEW YORK, NY / ACCESSWIRE / February 6, 2018 / Newgioco Group, Inc. (OTCQB: NWGI) (”Newgioco” or the ”Company”), a leisure betting technology company providing regulated lottery and gaming products and services through licensed subsidiaries based in Europe, is pleased to announce the launch of NG PAY payment gateway under a licensing agreement with Euronet Worldwide, Inc. based in Leawood, Kansas.

The Company’s secure payment gateway through Euronet will be available on the www.ngpay.it website and will make a wide variety of integrated payment, pre-paid, remittance and reload solutions available to our registered online customers, partners, webshops and retail stores.

NG PAY offers virtual distribution, through our private circuit, for products and ancillary services such as telephone top-ups, processing of digital product transactions as well as the distribution of gift cards for major global brands such as Amazon, Netflix and PAYTV programming in Italy. NG PAY is a multiservice platform through which Newgioco will provide our online and walk-in gaming customers with innovative and streamlined value-added payment accessories through any retail outlet in Italy.

”We are delighted with our new relationship with Euronet Worldwide, a global leader in secure financial payment processing,” stated Michele Ciavarella, Company Chairman and CEO. ”Our main objective with NG PAY is to connect our online and walk-in gaming customers to specialized commercial brands as well as loyalty programs and rewards through technological innovation. The NG PAY program also paves the way for our integrated digital and crypto accessible betting wallet and blockchain technology strategy on our leading-edge betting platform.”

The Company will present the new payment gateway platform at the premier ENADA Primavera gaming trade show from March 14 -16, 2018 in Rimini, Italy.

About Euronet Worldwide, Inc.

Euronet Worldwide, Inc. is an industry leader and global provider of electronic payment and transaction processing solutions for financial institutions, retailers, service providers and individual consumers. Euronet operates on three primary business segments – EFT, epay and Money Transfer – supported by 5,600 employees in 55 countries. In 2015, Euronet processed 2.7 billion transactions and posted annual revenues of approximately $1.8 billion. Euronet operates one of the largest independent ATM networks in Europe and are the world’s largest payment network for prepaid mobile top-up and the third-largest global money transfer company. Founded in 1994 and headquartered in Leawood, Kansas, Euronet listed its shares on The NASDAQ Stock Market in 1997 under the ticker symbol EEFT. Additional information about Euronet may be found on their website at: http://www.euronetworldwide.com/.

About Newgioco Group, Inc.

Newgioco Group, Inc., together with its subsidiaries, is a fully integrated, licensed gaming technology company. The company conducts its business primarily through retail neighborhood betting shops and internet-based betting software platform under the registered brand Newgioco through our licensed website www.newgioco.it situated in Italy.

The company offers its clients a full suite of leisure gaming products and services, such as sports betting, virtual sports, online casino, poker, bingo, lottery, interactive games and slots, as well as an innovative betting platform (www.odissea.at) providing both B2B and B2C bet processing. Additional information is available on our corporate website at www.newgiocogroup.com.

Investors may also find us on Facebook® and follow us on Twitter @NWGI_gaming.

This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The company has tried, whenever possible, to identify these forward-looking statements using words such as ”anticipates,” ”believes,” ”estimates,” ”expects,” ”forecast,” ”plans,” ”intends,” ”potential” and similar expressions. These statements reflect the company’s current beliefs and are based upon currently available information. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the company’s actual results, performance or achievements to differ materially from those expressed in or implied by such statements.

Investor Relations Contact:

Newgioco Group, Inc.
investor@newgiocogroup.com

SOURCE: Newgioco Group, Inc.

ReleaseID: 488017